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Heritage Auctions Lawsuit
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09-13-2009, 04:17 PM
barrysloate
Barry Sloate
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Join Date: Apr 2009
Location: Brooklyn, NY
Posts: 8,293
Tony- auction houses placing a house/reserve bid, when it is an open policy that some lots do have a reserve, is an accepted practice. A lot of bidders don't like it, but it's not illegal.
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